Busted! Don't Believe These Myths About Accountants!

Bookkeeping Bizz |

At Bookkeeping Bizz, we believe that an accountant should possess skills and charisma. Unfortunately, stereotypes and myths deter people from taking up a career in accounting. If you plan on becoming an accountant, you should be able to differentiate between reality and fiction. To help you do so, we have debunked three of the most widely believed myths about accountants.

Myth 1: You have to be a math whiz to be an accountant.

The truth is accounting doesn’t require you to solve complex mathematical equations in your head. If you can do simple arithmetic (addition, subtraction, multiplication, etc.), chances are you can handle most of the math accountants use daily.

However, don’t be fooled into thinking that a cursory understanding of math and accounting software are the only things you’ll need to be successful. In addition to formal educational training, such as gaining a business and accounting degree, accountants actually require a variety of skills to have staying power in the field. These skills include but are not limited to strong interpersonal communication, customer service, analytical thinking, and even writing.

Myth 2: Accounting is only for men.

This might surprise you, but women not only have a strong presence in the accounting and auditing fields, but they’re moving towards the majority line. Bookkeeping Bizz Inc. is proudly owned and operated by a woman.

Myth 3: Accounting is only important at tax time.

Tax time might be the most crucial few weeks for bookkeepers, but it is certainly not the only important time. Actually, it’s necessary that you keep track of your books at all times of the year. If you stay on top of your finances throughout the year, not only will filing be much easier, but you’ll be able to take advantage of growth opportunities while mitigating risks from any source. Staying current on the books is one of the best ways to ensure continuity. We encourage our clients to make an appointment and see us if there are any significant financial changes in your life. If you own a business, we ask our clients to bring in their paperwork every three months to reconcile and to make sure their goals for their business growth is on track.

If you’re looking for an accountant or bookkeeper for your business or personal needs, reach out to the experts at Bookkeeping Bizz. Apart from assisting you with accounting as a profession, we provide the best business accounting and tax services in North York, Toronto, ON. Our services include accounting, bookkeeping, tax, advisory, business consulting and payroll services. To learn more about what we offer, please click here. If you have any questions about Bookkeeping Bizz, we’d love to hear from you. Please contact us here.